Globalization: the place to?

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One of many questions of most important curiosity in each the political and enterprise communities is whether or not the enterprise logic of globalization will prevail towards the rising geopolitical dynamics of fragmentation.

That may be a very controversial matter as a result of whereas globalization has, usually talking, led to an enchancment in residing requirements, it has additionally left the nerves of social stability dangerously uncovered.

In different phrases, whereas it’s true that immediately we dwell in societies which can be, on common, richer and longer-lived, it can’t be mentioned in fairer societies. What to do subsequent then?

In one of the WEF Discussion board conferences, IMF Managing Director Kristalina Georgieva recommended: “While you look ahead, we have to be taught an important lesson from the globalization of the previous. It didn’t work for everybody and subsequently the longer term should be about making advantages localized for communities and being far more aware that it’s not about world earnings, it’s about native advantages.”

An prolonged model of this text appeared on La Discussione on 28 Could 2022.

(Picture by AFP)

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